by Adam English, Outsider Club:
We’re all familiar with peak oil. At a certain point the easy-to-get oil will be gone, extraction will get more expensive and production will steadily decline, never to hit new highs.
The thing is, the same can apply to any finite resource. This is especially true for gold, silver, and other high-value metals.
Peak gold theories have been floating around for some time, but haven’t gotten much attention. Perhaps that should change..
SNL Metals & Mining, one of the sector’s largest statistical analysis and research firms, recently released a report titled “Strategies for Gold Reserves Replacement.”
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